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Ithaca, NY NNN Properties for Sale

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Class A Net-Leased Office Building
Updated: Apr 3
Class A Net-Leased Office Building

798 Cascadilla St, Ithaca, NY 14850

$3,600,000
18,271 sqft
100% occupied, fully leased net‑leased Class A professional office building
NNN tenant mix includes a legal practice, an established engineering firm, and a high‑end fitness studio
Building is maintained in impeccable condition, reflecting institutional‑grade ownership and care
Located adjacent to the Cayuga Inlet with direct access to the Cayuga Waterfront Trail
Nearby development includes Cayuga Medical Center specialist office facility and a recently completed 141‑unit multifamily development
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Ithaca, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Freestanding Dollar General NNN
Freestanding Dollar General NNN

424 S Main St, Elmira, NY 14904

$4,150,000
14,820 sqft

Single-tenant freestanding Dollar General with an absolute NNN lease structure and long-term term remaining.

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Retail Property with Redevelopment Potential
Retail Property with Redevelopment Potential

3852 State Route 31, Liverpool, NY

$3,425,000
6,039 sqft 2.80 AC lot

Two-tenant retail property with redevelopment potential in a retail corridor.

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Build-to-Suit Auto Service Pad
Build-to-Suit Auto Service Pad

7423 Oswego Rd, Liverpool, NY 13090

$1,950,000

Brand new 2024 build-to-suit auto service pad offered with a 15-year absolute NNN lease structure.

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Leased Drug Store NNN
Leased Drug Store NNN

1000 Pennsylvania Ave, Elmira, NY 14904

Contact for pricing

Rite Aid drug store with remaining 9.5 years on a NNN lease, located just off US-14 in Elmira.

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Ithaca, NY Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Ithaca, NY on our real estate platform. These investment opportunities span a total of 18,271 square feet of properties for sale, with an estimated market value of $3,600,000.

Sale prices for triple net lease properties in Ithaca, NY start at $3,600,000, averaging $3,600,000, and reaching up to $3,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 73K
Population Growth (5Y) -2.9%
Median Household Income $71,184
College Educated 58.0%

High-Yield Neighborhoods for Investment

Identify Ithaca submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
14850 $385K

Taxes & Financing

Tax Rate (average for all types) 0.85%
Property Tax per SF $21.37 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Tompkins County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Ithaca fall within the 100,000+ square foot range.

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